Kintegral Advisory LLC Decreases Stock Position in Motorola Solutions, Inc. (NYSE:MSI)

Kintegral Advisory LLC cut its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 32.9% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,384 shares of the communications equipment provider's stock after selling 1,167 shares during the period. Kintegral Advisory LLC's holdings in Motorola Solutions were worth $1,046,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently added to or reduced their stakes in the company. ORG Wealth Partners LLC boosted its position in Motorola Solutions by 346.2% in the 1st quarter. ORG Wealth Partners LLC now owns 58 shares of the communications equipment provider's stock worth $25,000 after purchasing an additional 45 shares in the last quarter. SBI Securities Co. Ltd. acquired a new position in Motorola Solutions in the 4th quarter worth about $30,000. Meeder Asset Management Inc. purchased a new position in Motorola Solutions during the fourth quarter worth approximately $32,000. Fourth Dimension Wealth LLC acquired a new stake in Motorola Solutions in the fourth quarter valued at approximately $34,000. Finally, Community Bank N.A. acquired a new stake in Motorola Solutions in the first quarter valued at approximately $32,000. 84.17% of the stock is owned by hedge funds and other institutional investors.

Motorola Solutions Trading Up 0.5%

Shares of NYSE MSI traded up $2.28 during midday trading on Friday, reaching $424.55. 494,717 shares of the stock were exchanged, compared to its average volume of 824,933. The stock has a market capitalization of $70.87 billion, a P/E ratio of 35.44, a PEG ratio of 3.66 and a beta of 0.95. Motorola Solutions, Inc. has a twelve month low of $384.51 and a twelve month high of $507.82. The company has a debt-to-equity ratio of 3.42, a quick ratio of 1.03 and a current ratio of 1.20. The company has a 50 day simple moving average of $417.48 and a 200 day simple moving average of $434.13.

Motorola Solutions (NYSE:MSI - Get Free Report) last announced its quarterly earnings results on Thursday, May 1st. The communications equipment provider reported $3.18 EPS for the quarter, beating the consensus estimate of $3.01 by $0.17. Motorola Solutions had a return on equity of 160.93% and a net margin of 18.67%. The business had revenue of $2.53 billion for the quarter, compared to analyst estimates of $2.52 billion. During the same quarter in the prior year, the company posted $2.81 EPS. The company's quarterly revenue was up 5.8% on a year-over-year basis. As a group, equities analysts expect that Motorola Solutions, Inc. will post 13.55 earnings per share for the current year.

Motorola Solutions Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 15th. Investors of record on Friday, June 13th will be given a dividend of $1.09 per share. The ex-dividend date is Friday, June 13th. This represents a $4.36 dividend on an annualized basis and a dividend yield of 1.03%. Motorola Solutions's payout ratio is currently 36.39%.

Insiders Place Their Bets

In related news, CAO Katherine A. Maher sold 1,073 shares of the business's stock in a transaction on Thursday, May 29th. The stock was sold at an average price of $418.68, for a total value of $449,243.64. Following the sale, the chief accounting officer owned 804 shares in the company, valued at approximately $336,618.72. The trade was a 57.17% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 1.44% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on the company. Wall Street Zen lowered Motorola Solutions from a "buy" rating to a "hold" rating in a research note on Thursday, May 22nd. William Blair reaffirmed an "outperform" rating on shares of Motorola Solutions in a report on Wednesday, May 28th. Barclays decreased their price target on shares of Motorola Solutions from $527.00 to $511.00 and set an "overweight" rating on the stock in a research note on Monday, May 5th. Finally, JPMorgan Chase & Co. lowered their target price on Motorola Solutions from $570.00 to $515.00 and set an "overweight" rating on the stock in a report on Thursday, April 17th. Two investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat.com, Motorola Solutions currently has an average rating of "Moderate Buy" and an average price target of $513.25.

Motorola Solutions Profile

Motorola Solutions, Inc provides public safety and enterprise security solutions in the United States, the United Kingdom, Canada, and internationally. The company operates in two segments, Products and Systems Integration, and Software and Services. The Products and Systems Integration segment offers a portfolio of infrastructure, devices, accessories, and video security devices and infrastructure, as well as the implementation and integration of systems, devices, software, and applications for government, public safety, and commercial customers who operate private communications networks and video security solutions, as well as manage a mobile workforce.